$1,631,824

Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

Essential Information

MLS® #:
909945

Price:
$1,631,824

Square Footage:
5,420

Acres:
0.07

Year Built:
1950

Type:
Residential Income

Sub-Type:
7 Units

Status:
Active

Community Information

Address:
2929 Monte Vista Boulevard Ne

Area:
40 - UNM

Subdivision:
Monte Vista Add

City:
Albuquerque

County:
Bernalillo

State:
NM

Zip Code:
87106

Amenities

Amenities:
Balconies/Deck, No Landscaping, Owners Unit

Utilities:
All City

Interior

Appliances:
Refrigerator

Heating:
Gas

Cooling:
Refrigerated

# of Stories:
3

Stories:
3+ Stories

Exterior

Construction:
Block

Additional Information

Date Listed:
January 28th, 2018

Days on Market:
593

Zoning:
MX-M*

Listing Details

Listing Agent:
Todd Clarke

Listing Office:
NM Apartment Advisors, Inc.

Office Phone:
(505) 440-8633

Financials

$/SqFt:
$301

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on September 15th, 2019 at 6:26am MDT.